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Stardust Solar Energy (TSXV:SUN) Interest Expense : C$ Mil (TTM As of Sep. 2024)


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What is Stardust Solar Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Stardust Solar Energy's interest expense for the three months ended in Sep. 2024 was C$ -0.02 Mil. Stardust Solar Energy does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Sep. 2024.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Stardust Solar Energy's Operating Income for the three months ended in Sep. 2024 was C$ -0.40 Mil. Stardust Solar Energy's Interest Expense for the three months ended in Sep. 2024 was C$ -0.02 Mil. Stardust Solar Energy did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Stardust Solar Energy Interest Expense Historical Data

The historical data trend for Stardust Solar Energy's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Stardust Solar Energy Interest Expense Chart

Stardust Solar Energy Annual Data
Trend
Interest Expense

Stardust Solar Energy Quarterly Data
Jun23 Sep23 Jun24 Sep24
Interest Expense -0.01 -0.01 -0.02 -0.02

Stardust Solar Energy Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Stardust Solar Energy  (TSXV:SUN) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Stardust Solar Energy's Interest Expense for the three months ended in Sep. 2024 was C$-0.02 Mil. Its Operating Income for the three months ended in Sep. 2024 was C$-0.40 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was C$0.22 Mil.

Stardust Solar Energy's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Stardust Solar Energy did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


Stardust Solar Energy Business Description

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Address
B101 – 9000 Bill Fox Way, Burnaby, BC, CAN, V5J 5J3
Stardust Solar Energy Inc is a franchisor of renewable energy installation services, including solar panels (PV), energy storage systems, and electric vehicle supply equipment. It lends its brand and business management services to entrepreneurs looking to enter the industry of renewable energies. Stardust franchisees install and maintain clean energy systems for residential and commercial purposes. As a franchisor, the company supplies its franchisees with the following products: solar PV equipment, energy storage equipment, and electric vehicle supply equipment. In addition, the company supports its franchisees with many services including marketing, sales, engineering, plan sets, customer service, and project management.
Executives
Mark Tadros 10% Security Holder, Director, Senior Officer